Omaha, NE—68137
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Omaha, NE
As of Oct '25, the median home price in Omaha, NE is $276,000, with a year-over-year change of 0.9%. This indicates that home prices in Omaha, NE are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | 0.9% |
| Single Family | $277,000 | 0.7% |
| Condos | $220,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | 3.1% |
3 Bed | $271,000 | 1.1% |
4 Bed | $343,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Omaha, NE
As of July '25, Rentcast reports the average rent in Omaha, NE is $1,420, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Omaha, NE is studios: $1,050, 1-bedrooms: $910, 2-bedrooms: $1,290, 3-bedrooms: $2,160. The most common rental property sizes in Omaha, NE are 2-bedroom and 1-bedroom, accounting for 42.9% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,080 | $1,420 |
| Studio Rent | $1,020 | $1,050 |
| 1 Bed Rent | $910 | $910 |
| 2 Bed Rent | $1,100 | $1,290 |
| 3 Bed Rent | $2,000 | $2,160 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Omaha, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Omaha, NE is 22. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 1.0% |
Listing Count | 73 | 42.0% |
| Listings as % of Homes | 0.3% | 42.0% |
Days on Market | 22 | -3.0% |
Demographics — Omaha, NE
As of the latest ACS Survey released in 2023, Omaha, NE has a population of 24,300, which has decreased by -6.5% over the past 5 years. Omaha, NE is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,300 | -6.5% |
% Under 18 | 22.6% | -10.0% |
% Seniors | 18.1% | 21.5% |
% WFH | 12.4% | 342.9% |
% w/ College Degree | 36.1% | 3.1% |
As of the latest ACS Survey released in 2023, Omaha, NE is a predominantly white area, with 79.5% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Omaha, NE is hispanic, making up 9.3% of the population. Foreign-born residents account for 9.1% of the population in Omaha, NE, and this percentage has increased by 78.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.5% | -4.7% |
% Black | 2.4% | -38.5% |
% Hispanic | 9.3% | 31.0% |
% Asian | 5.2% | 160.0% |
% Foreign Born | 9.1% | 78.4% |
Mortgage and Risk — Omaha, NE
Omaha, NE lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Omaha, NE
Omaha, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 242 |
Total Units Section 8 | 207 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 83.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $910 | $1,190 |
| 2 Bedroom | $330 | $1,100 | $1,430 |
| 3 Bedroom | -$100 | $2,000 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,110 |
Affordability — Omaha, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $276,000 |
| Median Household Income | $82,300 |